Tag Archives: monte carlo

Simulating 1000 Shoes of Baccarat

There are many misunderstandings about what the “long run” means among players, in casino management and in game protection. In this video I present a simulation of 1000 shoes and show how the “normal curve” is the natural outcome. I also discuss “reversion to the mean”, “house money” and a myriad of other misconceptions.

The spreadsheet that is used in this video is free for downloading here: Baccarat_MC_Sim